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Peter Thiel’s stealth start-up Palantir has unlocked a new opportunity to sell to the US military as revenue tops $1 billion

From CNBC May 2019: Palantir — the Silicon Valley data analytics company co-founded by PayPal founder and Trump advisor Peter Thiel — has made the CNBC Disruptor 50 list for six years running. But this year was perhaps the most disruptive of all for the company, which has attracted $2.8 billion in funding, raising its valuation to $20.5 billion,[…]

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Fraud Disruption Technology making business Transparent

Pre IPO Swap 8/6/2019 — New York, NY — Pre IPO Swap has partnered with disruptive firm Transparent Business to tackle one of the biggest problems in Government and the Enterprise: Fraud and Overbilling.  As the world transforms from bricks and mortar to online and virtual, fraud and overbilling is a growing problem with few[…]

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Wish Raises Series H at $11.2B Valuation After Doubling Revenue in 2018

From Crunchbase News August 2019: Ecommerce startup Wish has reportedly raised $300 million in a confirmed Series H round led by General Atlantic. The financing boosts Wish’s valuation to $11.2 billion post-money compared to a valuation of $8.7 billion following itslast funding round in September 2017, according to General Atlantic. Subscribe to the Crunchbase Daily Axios’ Dan Primack reported the $300 million figure, which[…]

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OYO Dominates As Startups Tackle India’s Hospitality Gaps

From Crunchbase News June 2019: Angel investor and entrepreneur Pankaj Jain said no to investing in hotel startup OYO, twice. Subscribe to the Crunchbase Daily Back then, OYO was just the ambitious idea of a 19-year-old entrepreneur, Ritesh Agarwal. Now, it’s India’s hotel startup market leader worth $5 billion, according to some reports. “So I’m basically[…]

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Flex Office Space Knotel Mushrooms In NYC; Expands 318% Worldwide

From Forbes December 2018: The company, which is headquartered in New York City and offers custom spaces to firms of 50 or more employees, more than tripled its global footprint this year. KNOTEL Flexible work-space provider Knotel is having a productive end of the year in New York City. It signed nine leases in Manhattan in the last[…]

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Why Slack Is Skipping An IPO And Doing A Direct Listing

From Zero Hedge 4/26/2019: Joining a deluge of private unicorns such as Lyft, Pinterest, and Uber rushing to access public capital markets while the S&P remains at all time highs, on Friday morning Slack Technologies became the latest Silicon Valley darling to go public, or rather “public”, because unlike most of its peers, instead of filing[…]

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Cramer: Lyft IPO likely to surge, drawing investors back to whole stock market

From CNBC: Jim Cramer says the highly-anticipated IPO could open as high as $100 a share. Lyft increased its expected IPO share price range to between $70 and $72 per share from between $62 and $68, and Cramer expected the price to go up to $75. The successful event will turn the spotlight back on the[…]

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Palantir wins competition to build Army intelligence system

From Washington Post March 26, 2019: The Army has chosen Palantir Technologies to deploy a complex battlefield intelligence system for soldiers, according to Army documents, a significant boost for a company that has attracted a devoted following in national security circles but had struggled to win a major defense contract. Industry experts said it marked[…]

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Airbnb aims to be ‘ready’ to go public from June 30, 2019, creates cash bonus program for staff

From Tech Crunch July 2018: Airbnb, the accommodation rental business, has been building up a larger profile as a travel services powerhouse to fill out its $31 billion valuation, and now it’s putting some pieces in place inside the company — specifically aimed at employee compensation — to prepare for the next phase of its growth, which could include going public as[…]

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Pinterest Steps Up Planning for IPO, Aims to List Shares on NYSE in April

From the Wall Street Journal: Pinterest Inc. has sped up the timing of its initial public offering as the image-search company looks to tap into a red-hot market for new issues, according to people familiar with the matter. The startup, which submitted its IPO paperwork confidentially with the Securities and Exchange Commission earlier this year, is preparing[…]

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